21:53 Done AssignmentAttachment_5816F... The following financial information is excerpted from the 2006 annual report of Retail Products, Inc. Balance Sheet Current assets (in thousands) 2006 2005 $ 449,195 433,049 32,822 55,072 12,769 4.905 Investments Deferred charges Property, plant, and equipment, net Trademarks and leaseholds Excess of cost over fair market value of net assets acquired Assets held for disposal 350,921 45,037 403, 128 47,004 272,146 276,639 6.062 1022 1161.82 $2.237.900 Total liabilities Total stockholders' equity 5 689,535 721,149 471.547-56.252 1.161.82 $2.232.208 Income Statement Net sales $ 2.020.526 $1,841,738 Cost of goods sold 19.787. 125 (2.018,436) Selling and administrative (300,000) 250,000) Interest expense 140.000) 130.000 Net income (loss) S_1332.91 1225.383 > Required: For each year compute: al Times interest camned 2. Debt ratio 3. Debt equity ratio 4. Debt to tangible net worth ratio b.Comment on the results, c. What does times interest camned ratio of less than to 1? Does it also mean that the company cannot meet its interes